Chelsea jumps into 2-yr mortgage chart

Category:
MortgagesDate:
21/09/2016

MONEYFACTS ARCHIVE

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old so the content may be out of date.

Chelsea BS has revamped its fixed mortgage range, launching a two-year fixed deal that's competitive enough to enter the Best Buy chart of its sector and jump straight to the number two spot, earning it a high Moneyfacts rating in the process.

The basics…

This mortgage boasts a rate of 1.29%, fixed to 31.10.2018, at 75% loan-to-value (LTV). This makes it one of the lowest-priced deals in its sector. It comes with a reasonable fee of £975.

The finer details…

The deal is offered to all borrowers with the necessary deposit. It comes with the option to make under- and overpayments and take payment holidays, provided certain conditions are met, giving welcome flexibility.

Why we like it…

This deal deserves its top entry into the chart for its sector, with its competitive rate, flexibility and relatively low fee all combining to make it highly appealing and worthy of its high rating.

Moneyfacts rating: Excellent

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.